Pope Francis trimmed powers of Cardinal George Pell, charged with cleaning up the city-state’s muddled accounts, in setback for broader overhaul of Vatican
The average allocation to private equity was 21.6 percent, the study showed, with a benchmark return of 5.9 percent, while the average allocation to real estate was 9.2 percent, with a benchmark return of 15.3 percent in Europe.
According to the report the use of supplementary employee reward systems has increased across Europe in recent decades, both in terms of the number of companies using them and the number of employees covered.
While the figures only took into account deals on Seedrs’ platform, they underline the increasing potential of crowdfunding as an investment model which provides benefits to investors as well as businesses.
The government’s other stockpile, the National Wellbeing fund, was at $72.7 billion, compared with $72.2 billion a month earlier.